Curated Video
Seasonal monsoon rain and the remnants of Tropical Storm Norbert cause flooding in the southwest
Seasonal monsoon moisture combined with the remnants of Tropical Storm Norbert caused flash flooding across the Southwest on Monday.
Floodwaters submerged vehicles and homes in the US states of Nevada and Arizona, and are blamed for at...
Curated Video
Hungary counts the human cost of spiralling foreign currency loans
1. Wide of couple looking at homes for sale in estate agent's window
2. Close of couple looking at advertisements
3. Man looking at ads, rubbing chin
4. Home For Sale sign behind street lights
5. Statue on roof of downtown apartment...
Curated Video
AP Correspondent Haven Daley rode along with the Civil Division of the Contra Costa County (CA) Sheriff's Department, responsible for evicting foreclosed homeowners. Last year they'd get a few foreclosure-related calls every week. Now they're evicting dozens of homeowners weekly.
HEADLINE: Take a Ride with the Foreclosure Eviction Patrol
CAPTION: AP Correspondent Haven Daley rode along with the Civil Division of the Contra Costa County (CA) Sheriff's Department, responsible for evicting foreclosed homeowners....
Curated Video
MEXICO: GOVERNMENT REVEALS NEW MORTGAGE PLAN
Spanish/Nat
The Mexican government has unveiled a new mortgage plan to help struggling property owners keep their homes.
The programme will offer a 30 percent discount on monthly interest payments to mortgage holders who have...
Curated Video
Bush accuses Congress of dragging feet on addressing crisis
Washington, DC - 29 April 2008
1. Pan of US president George W. Bush walking to podium
2. SOUNDBITE (English) George W. Bush, President of United States:
"It's a tough time for our economy. Across our country many Americans are...
Curated Video
AP: Renting Expanded in Wake of Housing Crash
SAN ANTONIO IS ONE OF SEVERAL AREAS ACROSS THE COUNTRY WHERE CONSTRUCTION IS UNDERWAY TO ADDRESS THE LATEST TREND IN HOUSING: AN EXPANDING GROUP OF PEOPLE WHO WHO CAN ONLY AFFORD TO RENT.SOUNDBITE (English) Randall Pool, Renter:"We would...
Bloomberg
Michael McKee on Federal Reserve Assets
Mar.19 -- Bloomberg's Michael Mckee explains the Fed's balance sheet on "Bloomberg Daybreak: Americas."
Bloomberg
Mnuchin Dims Investor Hopes on Fannie Mae and Freddie Mac
Jun.10 -- Treasury Secretary Steven Mnuchin made clear that freeing Fannie Mae and Freddie Mac from U.S. control won’t happen without an overhaul of the nation’s housing finance system, potentially dashing investors’ hopes that they...
Bloomberg
Guggenheim's Millstein Expects Restructurings to Mount Amid Virus
Mar.27 -- Guggenheim Securities Co-Chairman Jim Millstein says federal leaders need to act quickly when enacting the stimulus programs. He speaks with Bloomberg's Alix Steel and Sonali Basak on "Bloomberg Daybreak: Americas."
Bloomberg
Former Fannie Mae CEO Expects Refinancing Activity to Increase Substantially
Mar.26 -- Former Fannie Mae Chief Executive Officer Tim Mayopoulos, Blend Labs chief executive officer, expects the coronavirus epidemic to take a serious toll on the U.S. housing market. He speaks with Bloomberg's Scarlet Fu and Romaine...
Bloomberg
Subprime Solar Sets Financial Trap for Homeowners
Apr.08 -- Predatory deals from the financial crisis are back, just in time for the climate crisis. Bloomberg's Jillian Goodman explains on "Bloomberg Markets: The Close."
Bloomberg
Powell: Little Support for Tapering MBS Earlier Than Treasuries
Jul.28 -- Federal Reserve Chair Jerome Powell says there is little evidence of a link between MBS purchases and housing prices. He speaks at a news conference following the decision by the Fed's policy-setting FOMC to keep its benchmark...
Bloomberg
Housing Coming Back Into Balance, JPMorgan's Feroli Says
JPMorgan Chief US Economist Michael Feroli says housing inventories are likely to remain "pretty lean" and adds that he doesn't expect home prices to decline. He speaks on "Bloomberg Surveillance."
Bloomberg
Housing Isn't Heading Into a Downturn, Enact CEO Says
Enact CEO Rohit Gupta says current economic dynamics are still supportive to the housing market in the near term but he does expect home price appreciation to slow down. Speaking on "Bloomberg Markets: The Close," Gupta also says he...
Bloomberg
We're Heading Into a Housing Recession: NAHB CEO
National Association of Home Builders CEO Jerry Howard says we're heading into a housing recession and home builders are going to start holding off on new projects. He speaks on "Bloomberg Markets: The Close."
Bloomberg
China's Mortgage Boycott Capital Plans Property Bailout Fund
In China, the government is grappling with a property crisis that risks engulfing the country's banks and middle-class homeowners. Enda Curran reports on Bloomberg Television.
Bloomberg
China Evergrande Falls Short of Promised Restructuring Plan
China Evergrande Group failed to deliver a 'preliminary restructuring plan' it had promised by the end of July. The world's most indebted developer presented instead what it called 'preliminary restructuring principles' for its offshore...
Curated Video
Auction of homes seized after owners defaulted on payments
1. Mid of auctioneer starting bid, UPSOUND: (English) "Just sixty nine thousand dollars."
2. Side shot of auction stage
3. Close of auction guide
4. Close of auctioneer
5. Members of the audience bidding
6. Auctioneer in audience
7....
Curated Video
WRAP Congress and analyst on rescue of financial system; Bush radio address
1. Various of Speaker of the US House of Representatives Nancy Pelosi, entering House chamber
2. Cutaway of House chamber
3. SOUNDBITE (English) Dennis Kucinich, Democratic Congressman for Ohio:
"Industrial capitalism can finally be...
Curated Video
+4:3 Protest outside Bank of America over foreclosure policies
1. Pan right from police to protesters behind banner chanting, UPSOUND (English) "Bank of America, Bad for America"
2. Close-up of protesters being handcuffed
3. Protesters being led into police vehicle
4. Close-up of protesters in...
Curated Video
President Obama's housing plan aims to help 9 million struggling homeowners avoid foreclosure, but it leaves out many borrowers in battered housing markets who won't qualify because their homes have lost too much value.
HEADLINE: Will Obama housing plan do enough?
CAPTION: President Obama's housing plan aims to help 9 million struggling homeowners avoid foreclosure, but it leaves out many borrowers in battered housing markets who won't qualify because...
Bloomberg
China New Home Prices Up in 38 Cities Month on Month
Feb. 26 -- China releases its latest property prices for January. Bloomberg's Haidi Lun reports on "Trending Business."
Bloomberg
ABN Amro 1Q Underlying Profit 615 Million Euros
May.17 -- ABN Amro CEO Kees van Dijkhuizen discusses the company's earnings and performance, and talks about the European economy. He speaks on "Bloomberg Daybreak: Europe."
Bloomberg
Wells Fargo Tempted to Cut Pricing After Tax Overhaul, CFO Says
Jan.12 -- John Shrewsberry, Wells Fargo & Co.'s chief financial officer, discusses the impact of the tax overhaul plan on the bank with Bloomberg's Joe Weisenthal and Scarlet Fu on "What'd You Miss?"